Carbon-coated copper nanoparticles (CCNPs) were prepared by initiating a high-density charge pressed with a mixture of microcrystalline wax, hexahydro-1,3,5-trinitro-1,3,5-triazine (RDX), and copper nitrate hydrate (Cu(NO3)2·3H2O) in an explosion vessel filled with nitrogen gas. The detonation products were characterized by transmission electron microcopy (TEM), high resolution transmission electron microcopy (HRTEM), energy dispersive X-ray spectroscopy (EDX), X-ray diffraction (XRD), and Raman spectroscopy. The effects of CCNPs on thermal decomposition of ammonium perchlorate (AP) were also investigated by differential scanning calorimeter (DSC). Results indicated that the detonation products were spherical, 25-40 nm in size, and had an apparent core-shell structure. In this structure, the carbon shell was 3-5 nm thick and mainly composed of graphite, C8 (a kind of carbyne), and amorphous carbon. When 5 wt.% CCNPs was mixed with 95 wt.% AP, the high-temperature decomposition peak of AP decreased by 95.97, 96.99, and 96.69 °Cat heating rates of 5, 10, and 20 °C/min, respectively. Moreover, CCNPs decreased the activation energy of AP as calculated through Kissinger’s method by 25%, which indicated outstanding catalysis for the thermal decomposition of AP.